5G Spectrum Auction: Ushering in a New Internet Era, But Change Will Take Time

  • Shubham Kishore
  • BBC correspondent

image source, Avishek Das/SOPA Images/LightRocket via Getty Images

The spectrum auction for 5G networks in India will begin on July 26. Four companies from the country will participate in the auction. Reliance Jio seems to be leading the race. The company has deposited Rs 14,000 crore with the Department of Telecom.

Bharti Airtel has deposited Rs 5500 crore and Adani Rs 100 crore. Vodafone Idea has deposited Rs 2200 crore. However, it has been clear to the Adani group that they do not want to enter the telecom business and will use 5G to improve their business. But what does this auction mean and will it affect your daily activities?

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